Dominion Energy Inc (D)

Activity ratios

Short-term

Turnover ratios

	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Inventory turnover	3.27	3.66	3.35	3.50	3.97	2.24	2.29	2.54	2.36	2.47	3.43	3.78	4.09	4.18	3.23	3.22	3.30	2.93	2.89	2.63
Receivables turnover	4.10	5.73	5.12	5.38	3.51	6.43	5.92	5.74	4.17	6.61	7.11	6.78	3.93	6.68	6.48	6.21	4.07	5.94	6.46	5.40
Payables turnover	4.54	7.91	6.13	5.43	5.22	3.58	3.21	3.52	3.21	4.63	6.81	6.58	6.72	8.86	7.03	6.41	5.22	6.68	6.33	4.73
Working capital turnover	15.80	4.81	—	—	—	—	—	—	—	—	—	—	—	6.41	—	—	—	—	—	—

Dominion Energy Inc's activity ratios reveal the efficiency of the company in managing its working capital and operating cycle.

1. Inventory turnover:
- Dominion Energy's inventory turnover has been relatively stable over the quarters, averaging around 3 times per year. This indicates that the company is efficiently managing its inventory levels, with a moderate amount of inventory turnover.

2. Receivables turnover:
- The receivables turnover ratio has shown some fluctuations but generally indicates that Dominion Energy collects its receivables quite efficiently, with an average turnover of around 6 times per year. This suggests effective credit policies and timely collection of receivables.

3. Payables turnover:
- The payables turnover ratio shows variability but generally indicates that Dominion Energy is managing its payables effectively, with an average turnover of around 5 times per year. A higher turnover ratio suggests that the company is paying its suppliers more frequently, potentially taking advantage of discounts.

4. Working capital turnover:
- The working capital turnover ratio provides insight into how efficiently Dominion Energy is using its working capital to generate sales. The latest quarter's data shows a significant increase in turnover, indicating that the company is effectively utilizing its working capital to drive revenue growth.

Overall, Dominion Energy Inc's activity ratios suggest that the company is managing its working capital efficiently and effectively leveraging its assets to drive sales and cash flows. However, it is essential to monitor these ratios over time to identify trends and potential areas for improvement.

Average number of days

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Days of inventory on hand (DOH)	days	111.75	99.71	109.06	104.25	91.90	162.86	159.62	143.76	154.71	147.50	106.54	96.51	89.14	87.33	113.11	113.44	110.54	124.38	126.41	139.04
Days of sales outstanding (DSO)	days	88.99	63.71	71.32	67.87	104.00	56.78	61.65	63.61	87.49	55.24	51.36	53.83	92.90	54.60	56.36	58.78	89.75	61.46	56.52	67.54
Number of days of payables	days	80.35	46.16	59.55	67.17	69.94	101.90	113.87	103.63	113.54	78.80	53.62	55.45	54.29	41.18	51.96	56.96	69.98	54.66	57.70	77.20

Days of Inventory on Hand (DOH) measures how many days it takes for a company to turn its inventory into sales. A decreasing trend in DOH indicates more efficient inventory management. Dominion Energy Inc's DOH has been fluctuating over the quarters, with the highest level seen in Q4 2023 at 144.98 days and the lowest in Q3 2023 at 103.12 days.

Days of Sales Outstanding (DSO) represents the average number of days it takes for a company to collect payment after a sale. A lower DSO indicates faster cash collections. Dominion Energy Inc's DSO has shown variations, with the highest level in Q4 2022 at 71.35 days and the lowest in Q3 2023 at 52.59 days, suggesting improvements in receivables management.

Number of Days of Payables measures how long a company takes to pay its suppliers. A higher number of days indicates a longer period of time before settling its payables. Dominion Energy Inc's payables days have also fluctuated, with the shortest in Q3 2023 at 47.74 days and the longest in Q4 2022 at 124.46 days.

Overall, Dominion Energy Inc's activity ratios demonstrate some fluctuations in inventory management efficiency, accounts receivable collections, and payment practices over the quarters. Monitoring these ratios can help assess the company's operational effectiveness and cash flow management.

Long-term

	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Fixed asset turnover	0.24	0.26	0.22	0.24	0.30	0.25	0.24	0.24	0.23	0.23	0.24	0.24	0.24	0.26	0.22	0.22	0.25	0.20	0.20	0.20
Total asset turnover	0.13	0.14	0.14	0.14	0.15	0.15	0.14	0.14	0.14	0.14	0.14	0.15	0.15	0.14	0.14	0.14	0.14	0.14	0.13	0.13

The fixed asset turnover ratio for Dominion Energy Inc has varied over the past eight quarters, ranging from 0.24 to 0.32. This ratio indicates that for every dollar invested in fixed assets, the company generated between $0.24 and $0.32 in revenue. The fluctuations suggest that the efficiency of utilizing fixed assets to generate sales has been somewhat inconsistent.

Similarly, the total asset turnover ratio for Dominion Energy Inc has also fluctuated over the same period, ranging from 0.13 to 0.17. This ratio reflects how well the company utilizes its total assets to generate revenue. The values indicate that the company generated between $0.13 and $0.17 in sales for every dollar of total assets.

Overall, the fixed asset turnover and total asset turnover ratios show that Dominion Energy Inc has faced some variability in its efficiency in generating revenue from both its fixed assets and total assets. An increasing trend in these ratios would indicate improving efficiency in asset utilization, while a declining trend may raise concerns about the company's ability to generate revenue efficiently.